592,968 Shares in Graphic Packaging Holding Company $GPK Bought by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 592,968 shares of the industrial products company’s stock, valued at approximately $6,279,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GPK. Bell Investment Advisors Inc purchased a new stake in shares of Graphic Packaging during the second quarter valued at about $25,000. Quarry LP grew its position in shares of Graphic Packaging by 282.0% in the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock worth $30,000 after buying an additional 1,142 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Graphic Packaging by 13,971.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 1,956 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of Graphic Packaging by 2,321.1% during the 1st quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 3,087 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Graphic Packaging by 1,075.7% during the second quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 3,184 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Graphic Packaging Trading Up 1.9%

Shares of Graphic Packaging stock opened at $11.55 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.60 and a debt-to-equity ratio of 1.58. Graphic Packaging Holding Company has a 12-month low of $8.78 and a 12-month high of $22.42. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 17.50 and a beta of 0.66. The firm’s 50 day simple moving average is $11.09 and its two-hundred day simple moving average is $10.71.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.18 billion. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Analysts predict that Graphic Packaging Holding Company will post 0.71 EPS for the current year.

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.8%. Graphic Packaging’s dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

GPK has been the subject of several recent analyst reports. Bank of America began coverage on shares of Graphic Packaging in a research note on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 target price for the company. Wells Fargo & Company increased their price objective on Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. Zacks Research upgraded Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Robert W. Baird set a $13.00 target price on Graphic Packaging in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. assumed coverage on Graphic Packaging in a research note on Monday, June 29th. They issued a “neutral” rating and a $11.70 price target for the company. Nine research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $11.14.

Graphic Packaging Company Profile

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.